Lexop, a self-service software that optimises the repayment journey for past-due customers, has raised a round of funding to support the development and expansion of its digital collection solution across North America.
Lexop, a self-service software that optimises the repayment journey for past-due customers, has raised a round of funding to support the development and expansion of its digital collection solution across North America.
The round was led by Companyon Ventures, a Boston-based venture capital firm leading post-Seed investment rounds in B2B software companies.
Launched in 2019, Lexop was developed to help people pay their past-due bills easily. It sends personalised payment email messages and SMS notifications based on nuanced customer characteristics. Once customers open the email, they are guided to a user-friendly self-service payment portal where they can choose to make a minimum payment, pay in full, or create a flexible payment arrangement.
